HighLow Broker Review

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HighLow Broker Review 2020

HighLow is an Australian-based binary options broker. Their only audience is traders based in Australia. The binary options broker is fully regulated and legal for Australian residents to use. HighLow is regulated by the Australian Securities & Investments Commission (ASIC) and holds a license with the Australian Financial Services.

HighLow is ONLY available for traders in Australia. If you are not based in Australia, check out our list of the top binary options brokers for YOUR country.

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HighLow Account Features

Are you thinking about opening up a binary options trading account with HighLow? If so, we recommend that you first try out the HighLow demo account. This will give you a thorough idea of what the real money platform is like in real time.

While demo trading cannot completely replicate what real money trading is like, it is always the best place for you to begin when you start trading at a new broker, regardless of how much experience you have in the binary options business. Even if you have traded in the past, if you’re new to this broker, you will want to practice before you risk money.

Binary options trading is a high-risk endeavor and giving yourself every advantage you can is one of the simplest ways to improve your chances of being profitable. While a demo account can’t guarantee anything for you, it does give you practice using this broker. HighLow has a lot to offer traders, and getting a feel for their platform by demo trading will give you a better idea of whether or not you can be successful here.

HighLow Demo Account: How it Works

The HighLow demo account comes with all of the features that the standard real money platform has. You can trade the same assets and the same types of trades, but without risking real cash.

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This has the benefit of allowing you to use the site, see what it’s all about, and then translate those skills to a real money account later on. This includes the standard call and put options, which HighLow aptly calls high and low options. It also includes high and low options with a spread, on demand trades, and on demand trades with a spread.

Spread trades are very different than what most people are used to. In this respect, having a demo account to practice these trades for a while before you start risking real money is a great tool to have at your disposal.

HighLow Demo Account: Getting Started

The HighLow demo service is easy to get started with. Once you are on the demo page, you just need to click the link titled “Quick Demo,” and you will be taken to a webpage where you can test out all of the features of the site. You do not need to create an account or register.

We highly recommend using the demo account for a few days before you make a deposit here. It’s a simple way to see some of the features that are unique to this site, and it will give you more experience if you have never traded with things like spreads or their on-demand feature. It’s a pretty simple adjustment, but it’s not something you will be successful with unless you have an idea of what you are up against. Practice on the HighLow platform is the fastest way to gain this edge.

HighLow Trading Software

Through our HighLow review, we discovered a few nice features that helps HighLow really stand out to its traders.

HighLow Trading Platform

The first is the ease of entry when it comes to using this site. The broker has a very smooth and easy to use trading platform through which all trades are executed. They rely on the Markets Pulse platform, which is one of the top five most highly used platforms in the world. This popularity is in place for a reason. HighLow takes this solid platform and all of the positive features that accompany it and allows you to use these benefits to your advantage.

The HighLow platform is very simple, although it’s not quite as clean in its appearance as some other brokers. This can give you a cluttered feeling when you are first starting out, making the need for zero risk demo trading all the greater. With some practice, any confusion that might occur because of the platform’s appearance will be completely erased. Trading here is simple, but being familiar with the HighLow broker’s page will make things a lot easier for you.

The minimum amount you are allowed to risk per trade at HighLow is just $10.

What Are High and Low Options?

It’s worth noting that HighLow does not refer to their binary options as “call” or “put” options, but rather as “High” and “Low,” just like the name of the broker itself. If you think that the asset is going to move upward, you take out a “High” position. If you think the asset’s going downward, you will take out a “Low” position.

How Does Trading with HighLow Work?

If you’re new to trading binary options, you want to take advantage of special features that your broker might offer. These can help you to have a better understanding of what you are doing as a trader, how to find more money-making opportunities, and how to limit the amount of risk that you might be taking on.

This broker offers spread trades, which are slightly different from the European style trades you might be used to. In many instances, these types of trades can be even more useful to you than the traditional High and Low trades offered. They also offer “On Demand” trades. These are basically just ultra-short term options, ranging in expiry from 1 minute (60 second binary options) up to 5 minutes in length.

HighLow also allows you to trade options as short as 30 seconds before expiry. Trade expiries can go as long as 24 hours, as well.

HighLow has apps for both Android and iPhone devices, allowing you to trade while you’re on the road. This can open up new trading opportunities for you, but it also carries the potential to increase your risk levels.

Trading Assets

As far as assets go, HighLow offers a wide array of currency pairs. They currently have 17 currency pairs available on the site, 5 different indices, and gold. There are currently no stocks offered for trade on the site. The currencies are focused on the Australia and New Zealand dollars, in addition to the major four currencies (USD, EUR, GBP, and JPY). They also feature the Canadian dollar in a few pairs.

HighLow Support Information

The HighLow customer support team is always willing to help out, if you have any questions or concerns about this broker or using their services. You can contact them by submitting an online ticket (which can be found on their “contact us” page) or via phone.

Their Australian number is 1300-870-442 and the HighLow customer support team will be available on weekdays 08:00 – 18:00 AEDT/AEST time.

The broker urges you to first check out their FAQ section if you have any questions, because it is very likely your question will be already answered there.

HighLow Payment Methods

An account with HighLow can be funded with as little as $50 USD if you use a credit card (MasterCard or Visa) or Neteller.

If you fund an account with a wire transfer from within Australia, you can transfer as little as $10 AUD.

According to our HighLow review, withdrawals from this broker are processed in the same way that they were applied to your account. If you used a credit card, funds will be put back on that same card. If you used Neteller, your money will go back into your Neteller account.

You will need to follow all financial regulations in Australia when it comes to taking withdrawals from HighLow. This may include providing documentation proving your identity and your address. These can usually be accounted for with a government issued ID card and a copy of a utility bill or something similar.

CONCLUSION: Is HighLow The Right Choice for You?

If you are based in Australia, HighLow is a very good broker to use. Our HighLow review reveals that this is an exceptional place for new binary options traders that don’t want to risk a lot of money but still gain experience.

New traders can fund their accounts for a very small amount of money, and trades can be executed for one of the smallest amounts ($10) in the business. This broker does have perks for larger traders, but if you are just starting out, this broker should be given special consideration.

Binary options trading is risky, there’s no way around that fact. However, with the right broker on your side, you can help give yourself a small push in the right direction. Take a look at HighLow, and if you still aren’t sure if they are the right broker for you and your needs as a binary options trader, then get in touch with their customer service department and see what the simplest way to create a demo trading account is. This will give you a feel for what the trading platform is like and whether or not it seems right to you.

HighLow Review – is en.highlow.net scam or good binary options broker?

Basic Information

Min./Max. bet size

up to $50 cashback

*Up to 100%, spread included

HighLow is an ASIC-regulated binary options broker, that offers industry leading payouts on its unique trading platform. Unlike most binary options brokers, it offers a single trading account type.

In terms of assets, however, the broker’s portfolio appears rather limited. It includes less than 20 currency pairs, less than 10 indices CFDs and gold.

The Company. Security of Funds

Highlow Markets Pty. Ltd.

HighLow is a brand name Highlow Markets Pty. Ltd., a firm regulated by the Australian Securities and Investment Commission (ASIC).

ASIC requires licensed companies to meet certain requirements and to comply with various rules. Australian forex brokers must hold at least $ 1 million in order to operate legitimately, to keep clients’ money segregated trust accounts and to report transactions regularly.

Unlike other European brokers, however, Australian ones are not covered by any compensation scheme.

Trading Conditions

Trading Options: High/Low, High/Low Spread, Turbo, Turbo Spread

Assets: Currencies, Indices and Commodities

Expiry Times: High/Low, High/Low Spread – from 15 min to 1 day 3

Turbo, Turbo Spread – from 30 seconds to 5 minutes

As you can see, popular trading options such as long-term binary options, One Touch, Ladder and Pairs are not available with HighLow. Also, there is no option to follow other traders, such as SpotFollow or iFollow.

On the other hand, this broker offers an unusual type of options that show a bid/ask spread, the standard method of price making in the forex markets. These are Turbo Spread and High/Low Spread options.

Minimum Initial Deposit

The minimum initial deposit for clients of HighLow is $50, which is a low initial amount. Many binary options brokers require $100 – $200 from traders as a start, and they are not even regulated.

The minimum bet size with this broker is $10, which is average. By comparison, with mobile-only binary options broker NenX one can place a trade with just €1. A bet size as low as this allows lower-risk trades.

HighLow’s payouts are expresses in their platform as decimal odds. In fact, this broker offers rather high payouts, those for Turbo Spread and High/Low Spreadwhich actually being among the highest in the industry, reaching 100%. However, with those instruments traders have also pay a spread, as their name suggests. This is how the broker gets paid for its services and is able to offer 100% returns.

On the other hand, the payout amount for HighLow’s non-Spread instruments is 88%, which is also attractive.

Trading Platform

HighLow uses its in-house web-based platform, which is also available as mobile applications for iPhone/iPad and Android devices. It is quite unique and easy to use at the same time.

Once an asset is selected, the chart below will update, showing current price levels, trader sentiment, payout and the expiry. The platform’s charts, however, are basic, lacking advanced technical analysis features.

Besides, the platform provides a sentiment indicator, Trader’s Choice, that allows users to monitor current trading trends in real time.

HighLow currently offers up to $50 cashback on initial trades for new clients.

Methods of Payment

There are several payment methods available to HighLow’ clients: Credit cards (Visa), bank wire and e-payment service Neteller. Other region-based methods are also available.

There is a $20 fee for international transfers to overseas bank accounts.

Conclusion

HighLow is an ASIC-regulated binary options broker whose offerings are pretty unique in terms of instruments and platform. It offers 100% payouts but these instruments also include a spread. To sum up the above, here are the advantages and drawbacks in relation to this broker:

Pros Cons
ASIC-regulated No long-term options, OneTouch, Ladder
Attractively high payout amounts Rather limited asset offering
Unique and easy to use trading platform
Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Options Broker 2020!
    Great Choice For Beginners!
    Free Trading Education!
    Free Demo Account 1000$!
    Get Your Sign-Up Bonus Now!

  • BINOMO
    BINOMO

    Only For Experienced Traders!

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